CLM-1
Claim Logic Module for minting SLX
Last updated
Claim Logic Module for minting SLX
Last updated
This contract provides a simple and secure way for users to convert their xDai revenues on the M3tering protocol to Solaxy tokens.
How it works:
Users calls the claim function to send xDAI, along with abi encoded calldata to the contract
The contract wraps xDai received from the user using the WXDAI contract.
Wrapped xDai is then deposited into the savings-DAI vault (an interest-bearing vault by MakerDAO) for the equivalent in sDAI.
Finally, the sDAI is used as collateral to issue new SLX tokens on the Solaxy bonding curve.
Developer: https://github.com/iChristwin
